MercadoLibre, Inc. (MELI) stock surged +0.85%, trading at $1,859.91 on NASDAQ, up from the previous close of $1,844.30. The stock opened at $1,857.00, fluctuating between $1,845.00 and $1,866.82 in the recent session.
MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.
Employees | 58313 |
Beta | 1.61 |
Sales or Revenue | $14.47B |
5Y Sales Change% | 7.907% |
Fiscal Year Ends | December |
Sector | Consumer Cyclical |
Industry | Specialty Retail |
MercadoLibre, Inc. (NASDAQ: MELI) stock price is $1,859.91 in the last trading session. During the trading session, MELI stock reached the peak price of $1,866.82 while $1,845.00 was the lowest point it dropped to. The percentage change in MELI stock occurred in the recent session was 0.85% while the dollar amount for the price change in MELI stock was $15.61.
The NASDAQ listed MELI is part of Specialty Retail industry that operates in the broader Consumer Cyclical sector. MercadoLibre, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Osvaldo Gimenez
Fintech Pres
Mr. Juan Martin De La Serna
Executive Vice President of Corporation Affairs & Pres of Argentina
Mr. Marcelo Melamud
Chief Accounting Officer & Senior Vice President
Mr. Ariel Szarfsztejn
Executive Vice President of Commerce
Mr. Marcos Eduardo Galperín
Co-Founder, Chairman, Chief Executive Officer & Pres
Mr. Pedro Arnt
Executive Vice President & Chief Financial Officer
Mr. Daniel Rabinovich
Executive Vice President & Chief Operating Officer
Mr. Richard M. Cathcart
Head of Investor Relations
Mr. Jacobo Cohen Imach
Senior Vice President, Gen. Counsel & Sec.
MELI's closing price is 39.19% higher than its 52-week low of $1,324.99 where as its distance from 52-week high of $2,161.73 is -14.68%.
Number of MELI employees currently stands at 58,313.
Official Website of MELI is: https://www.mercadolibre.com
MELI could be contacted at phone 598 292 72770 and can also be accessed through its website. MELI operates from WTC Free Zone, Montevideo, 11300, Uruguay.
MELI stock volume for the day was 45.91K shares. The average number of MELI shares traded daily for last 3 months was 399.77K.
The market value of MELI currently stands at $94.29B with its latest stock price at $1,859.91 and 50.7M of its shares outstanding.
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